Forex Opinion & Analysis

General Market Commentary: After Wednesday’s record-breaking rally, we shifted our sentiment to bearish on the U.S. dollar. Of course the recent Bernanke-inspired rally was the first...

The U.S. Dollar plunged to the lowest price in close to three weeks against the Euro as Federal Reserve Chairman, Ben Bernanke, stated that there was need to maintain the current monetary easing...

Isn’t EUR/USD infuriating? Price finally traded below the neckline of the potential Head and Shoulders Pattern this week, only to see price rallying up towards the 38.2% Fib and 1.315 round...

The U.S. dollar took a breather on Friday after tumbling in the previous session from recent highs as fading expectations of an imminent reduction in the U.S. Federal Reserve's stimulus gave way to...

GBP/USD Open 1.5175 High 1.5223 Low 1.5060 Close 1.5176On Thursday Pound/Dollar increased with 160 pips. The Cable appreciated from 1.5060 to 1.5223 yesterday, in line with the positive money flow...

BIAS: Cautiously I feel this can move lower…Resistance: 1.5211-21 1.5244 1.5284-03 1.5321Support: 1.5170 1.5140-45 1.5120-25 1.5099MAIN ANALYSIS: I am struck by the divergence between the...

EUR/USD looks to have shaken off the bearish tone from earlier in the week, thanks to comments from Bernanke late on Wednesday that the unemployment rate didn’t lend itself to a reduction in QE...